Latest Stock Market News

HDFC Bank shares: A large block deal of 26.5 lakh shares triggered heavy trading volumes. The bulk transaction sparked investor concerns over possible institutional selling, causing intraday weakness. The buyer and seller remain undisclosed, and the bank’s market cap stood at ₹14.68 lakh crore.

A prolonged shutdown could affect the Federal Reserve’s monetary policy decisions and act as a drag on U.S. economic growth.

Dharmesh Kant of Cholamandalam Securities anticipates banks will lead market growth, driven by supportive RBI policies and increased lending avenues. Allied sectors like fertilisers are also poised for positive movement due to a healthy monsoon. However, fiscal pressures from government spending could impact overall corporate earnings, making careful stock selection crucial for investors in October.

Daljeet Kohli advises caution on banks near-term due to asset quality and NIM pressures, suggesting a re-look after consolidation. He remains positive on NBFCs and power financers for structural growth. Kohli also maintains a bullish outlook on pharma, expecting limited impact from US tariffs and a rebound in domestic demand post-calamities.

Indian government bond yields declined on Friday, with the 10-year benchmark hovering around 6.50% as the market awaited a new 320 billion rupee security auction. The Reserve Bank of India s unchanged policy rate and revised forecasts, coupled with easing OIS rates, have fueled market expectations for a rate cut in December.

Indian government bond yields are poised to decline on Friday, fueled by expectations of policy easing following the RBI s signal of space for growth despite unchanged rates. A December rate cut is widely anticipated, though the 320 billion rupee 10-year bond auction today will temper immediate yield falls. Overnight index swaps are already reflecting these rate cut expectations.

Argentina s dollar bonds experienced volatility after conflicting statements from the US Treasury Secretary regarding financial support. Initial pledges were followed by clarification that the US isn t directly "putting money in," fueling market uncertainty. This, alongside US political pushback and a government shutdown, is testing Washington s commitment to aid Argentina.

BOJ Governor Ueda signals inflation nearing 2% target but warns of global risks. A rate hike in October remains possible, though policy stays cautious, balancing wage growth, domestic demand, and global uncertainties.

Housing sales in Mumbai and Pune dropped 17 percent during July-September. This decline was attributed to lower demand and increased property prices. Thane, Mumbai city, and Navi Mumbai also experienced sales decreases. Real estate experts stated this represented a temporary market adjustment. They anticipated sales would recover during the festive season. End-user demand remained intact.

Delhi-NCR office space net leasing jumped 2.5 times in the July-September quarter. This was due to corporate demand for premium workspaces. Delhi-NCR contributed 23 percent to total leasing across eight major cities. Overall office space leasing rose 35 percent in major cities. The market is on track to surpass last year s record. This shows an expansionary cycle.